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Search Results 0 to 49 of about 566 (some duplicates have been removed)
the economy is right now. every economist predicted roughly 90,000 to 120,000. this economy doesn't feel like the employment improved this level. it is just -- maybe it's a coincidence that the month before the election, we have a number that comes out 1/10th below when the president took office. >> sean: jack welch is not the only one tawing of this timely development. listen to what business insider said on fox business new york this morning. >> i feel like i am watching a movie, a suspense movie. because there is no way in the world these numbers are accurate. and somebody needs to dig real deep into this. how in the world, miraculously, we have the best flz 30 years, right before the election? somebody needs to do an investigation, like they are doing an investigation in libbia. they need to investigate the numbers because there is no way in the world these numbers are accurate? >> the same administration not telling the truth about benghazi and libya and the death of four americans. there are very important questions that need to be asked of the obama administration. when you look at the
economy from the middle out rather than from the top down. look, i know vice president biden. i know he's looking forward to having a spirited exchange about ideas. i simply hope this, i hope what paul ryan does is something fundamentally different than what mitt romney does, and that is i hope he comes with just a modicum of truth and willing to defend their policies rather than to admit somehow they don't exist. >> and, finally, will we see a different game from president obama in the next debate? >> well, again, i think now that barack obama has had the opportunity to meet both mitt romneys, i don't doubt that he'll make some adjustments. i know he's looking forward to the next debate. >> robert gibbs, thanks very much for your time this morning. >> george, thanks for having me. >> let's hear from the romney campaign. ed gillespie joining us this important. ed, thanks for getting up this morning. you heard robert right there, masterful, theatrical, fundamentally dishonest. i guess his basic point now about governor romney on his tax plan is either that he's not telling the truth abou
in infrastructure, if we level the playing field, we will grow the economy. frankly, we have a ball and chain. it is congress. congress is holding us back. we need to change congress in two ways. we people who are more fiscally responsible. when the people who know the basics of how to work together. you will hear these things a lot tonight in my comments. i was the governor who drew top tax fraud. i had to cut $5 billion from the state budget, including my own salary. i'm the only governor in modern times who left the office with a smaller general fund budget and when i started. i know how to be fiscally responsible. my opponent when into the united states senate in 2001 with the biggest surplus in the united states and six years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighti
in the first place. wall street cannot be allowed to be reinstated. it drove our economy off the cliff and people tried to punish our records but they were not the ones that drove off the cliff. yet that is where the budget goes to recoup. it's time for us to have responsible regulation that makes sense. >> thank you very much >> moderator: final question i will be asking. you have three minutes to both answer the question and then make your closing remarks. mr. renacci, you talk a lot about a bipartisan group that you are a member of, 16 members, eight republicans, eight democrats, and devotee sutton you talk about reaching across the offer cash for clunkers. no single party can have all of the good ideas. i wonder what you heard from your colleagues on the other side of the all that makes sense, and what are you doing specifically to bring the governments instead of gridlock to the nation's capital? and i think we split ahead of time, and the first response, final response will go to congresswoman sutton. sutton: thanks very much for the question. i think building those relationships
, applications today are refinance applications and a lot of that money is coming back into the economy and will help during the fourth quarter. that's the good news. bad news is all the job losses on the good producing side of the sector. manufacturing job loss two months in a row. that's global demand and the global weakness. you see the unevenness of the recovery persist. >> that's the stuff that presidential candidates or presidents can have difficulty moving the needle on. you did talk about housing which i've been calling the golden lining around the cloud. i want to bring in don peebles. he owns a real estate firm. he's a democrat. don most of your work is in sort of bigger stuff. you're not buying individual homes. but there's definitely stuff going on in the construction sect jobs in home building, in home buying as diane said in refinancing. these low rates as expensive as they've been to keep in place seem to be combining with low home price, low property price and causing some activity. >> the housing market has picked up especially in more of our global cities. if you look
, how would you describe the jobs economy and right now? guest: this is the weakest recovery we have had since world war ii. the jobs numbers each month, we have averaged around 145,000 jobs created per month this year. that is barely enough to keep up with the growth of the working age population. and it has been a somewhat brazilian recovery in that there have been a lot of fears that we would go back into recession at various times and that has not happened. the overall economy has grown roughly 2% since the recession ended in june, 2009. that is a fairly weak growth rate, particularly after the death of the recession. by many measures, this is easily the worst since the great depression corporate -- the great depression. the modest and sometimes weak growth we have had has made it very difficult for the unemployed. we have long-term unemployed, those are of work for six months or even a year, that has been a record -- at record levels. ben bernanke has long term crashes -- the prices of long- term unemployment. -- the crisis of long-term unemployment. host: let's begin with a call fr
into the economy they are 12i78ity-- stimulating housing. citi has problem relating to housing. they are stimulating emerging markets where citi is the strongest. >> all right, let's take a look at some of your other picks besides citi. you like goldman sachs. you have been telling us this all year. and the regional bank suntrust. again, was's the attraction? >> suntrust again is in the southeast. it has continued to have credit problems later than a lot of the other banks. but that's been a bad thingment but now we think it's a good thing. because right now we can still see a lot of positive improvements as we start to see a pick up in the economy and housing and places like florida, can help move that stock back up. so we still like suntrust. >> we just have about 45$p)-sec. a new round of bank stress tests coming up. how do you think banks are going to do. are they strong enough to withstand a financial downturn? >> well, i think they're strong enough. the question is does the fed think they're strong enough. and that is what we will find out. i think it will be a tough time
credit problems around the slow down of emerging economies. there will be donor countries and the meeting to discuss the arab spring popular movement. an international conference is slated for sundai. imf representatives are starting off a week of announcements by releasing their global economic outlook. they are lored forecast by 0.2%age points to 3.3% the the report says economic decline is serious in southern economic countries. it also points out the european uncertainty is slowing growth in emerging nations such as china. the report projects the euro zone will shrink. japan and the united states should see 2.2% growth. global growth will increase to 3.3% next year but they warn europe's credit problems still pose a threat to the global economy. the bank's latest report project 7.2% growth across 14 countries. that's lower than the forecast in may. the region includes china but not japan. china's domestic demand is sluggish and it's hurt exports throughout the region. growth in east asia will rise to 7.6% next year. they say china will pick up steam and demand will grow within southea
white house saying about all of this? >> they're effectively saying that the economy, while it's still weak, is showing signs that the president's policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> that was friday right after the jobs numbers came out. i'll point out two meaningful things about those jobs numbers. one, you recall when his stimulus plan cameut somebody in his administration said with the stimulus plan. it was never a promise, a projection. symbolically it's meaningful this is now below 8%. also now it's fallen for the first time not because fewer people are looking for jobs. actually, the number of people looking for jobs rose slightly. so it's two pieces of good news for the obama campaig
of bad stuff. just this week the libya situation put the president on the defensive. the economy speaks for itself. so the only place the voters can really see the obama-biden ticket under pressure is in the debates. on the other side we're hoping governor romney will sit for an interview with us. we're negotiating that right now. we'll have an update for you on monday. generally speaking, mr. romney has been more accessible than president obama, but it is true the romney campaign is playing it very safe. at the debate tonight, vice president biden is the experienced hand. he's 27 years older than paul ryan and biden knows how to attack. the congressman is an unknown quantity when it comes to dealing with this kind of pressure. but talking points expects mr. ryan to be armed with panels that might slow down mr. biden who will most likely go after ryan hard. be interesting to see hot congressman handles that. that's a memo. top of the story, four years ago it was sarah palin debating joe biden. >> all you got to do is go down union street and go to katy's restaurant or walk into home dep
the economy and now we know why. it has gone from concern to fear. they are fearful of the rollout of obamacare and taxarmageddon. tax rates will go back where they were 12 years ago and i had a businessman today tell me with tears in his eyes the luncheon we sponsored that if obama gets reelected and he continues to force the rollout of obamacare he will have to shut down his business and he has been in business in this town -- i meant st. louis -- since 1957. because of all of the requirements that are going to be forced on business people. this is very real and people are veey fearful of what can happen if we don't get some more certainty in this economy. gerri: all of these topics will be part of the debate tonight. you have experience with the baiting. you did pretty well. what would be your advice to the two candidates who will be sparring with each other in a round table? they will be seated next to each other. >> here is what i predict. first of all, governor romney and representative brian have three things in common going into a debate. governor romney showed that these t
is coming back into the economy and will help in the fourth quarter. all the job losses on the manufacturing side two months in a row in the heavy manufacturing sector, that's global demand, so you really see the unevenness of the recovery persist, and that's not enough. >> and the presidential candidates can have difficulty moving the needle on that, but you did talk about housing which i call the golden lining around the cloud. i want to bring in ron peebles. he's a top fundraiser for the obama campaign. don, you're not buying individual homes, but there's definitely stuff going on in the construction sector, in homebuilding, in home buying, as diane said, in refinancing. these low rates as expensive as they've been to keep in place, it seems to be combining with low income prices. >> if you look at the market in miami, for example, which was one of the biggest drops when the housing recession hit the hardest, miami is back. miami is back in a very big way. new york is back in a very big way. washington, d.c. is back. markets like phoenix, they're back as well. nevada, for example, still h
't smell right when you think about where the economy is right now. >> what about those recent numbers in the latest job report and showing a dip in the unemployment. former chairman jack welch is skeptical. meaning that employers added a modest 114,000 jobs and the drop comes at a critical time for the president who is coming off a weak debate performance with romney. joining us is new york times best selling author out with the latest book. ann coulter. at this point in time the president said we will be at 5.6 and enjoying that part of the economy and a more comfortable position and now they are running with this new number. what is your response. >> it is noticeable that a lot of economist are saying this is not possible. you would need more than 114,000 jobbings. i don't think it matters except to broadcasting tv shows or writing for newspaper what number they throw up on the screen. people know they are out of work and in jobs and they are way overqualified for and working part-time. so many people are going out of business and under working now. 23 million unemployed difference
to our economy. lou: governor romney mentioning big bird in last week's debate as he proposed cuts and funding to the public broadcasting system among a whole bunch of other cuts, it has not stopped sesame workshop from objecting to the president's campaign ad, the nonprofit organization wrote quote, we have approved nong campaign add and as of our general practice, have requested that they be taken down, big bird joining the aarp, and a cincinnati deli owner and nbc's andrea mitchell on the list of people who' the obama campaign to just leave them out of the obama campaign, bad news piling up for the president, some of his most reliable brends hitting him hard, little bi politic coct small ball. and the silly obama campaign. and nbc news called ad absurd, their chief white house correspondent chuck todd said, quote, when can the obama campaign going to stop talking about the debate. they cannot seem to turn the page from the debate. any conversation about that debate, i assume helped mitt romney. that is the reality that is beginning to set in scores of new polls show governor rom
of commerce to the retail federation. they were discussing the issue and how to get the economy back on track. wall street's top ceos and jpmorgan's dimon saying it's time for a deal. they are tired of kicking the can down the road. avoiding the fiscal cliff requires political sacrifice on both sides. they are not alone wanting a certain degree of state for the markets, and in turn, for investors. joining me is president for america's for tax reform. welcome back to the show. a pleasure to be with you here. >> great to be with you. gerri: they want more in taxes, cutting in spending. with friends like these, who needs enemies, grover? how do you react? >> read today's "new york times," there's an article about the idiot rich businessmen in france who raised taxes a little bit and cut spending and elect the socialist president of france who is now raising their personal income taxes to 75% and their capital gains taxes to 60%, and these very, very smart businessmen who brought this on themselves are running for the borders. gerri: nobody's suggesting that here. in fact -- >> they were not in f
that the economy is a top issue, you run into a risk of focusing on too many items as opposed to jobs and economic issues. host: there will also be a foreign policy debate coming up on october 22. is this a sort of preview of that debate? will this be a preview for the obama camp to see what they will be talking about, coming up? caller: it will be a chance for governor romney to do a preview, yes. the thing that i think occurred many times before, romney camp -- came out and named a lot of these things fairly forcefully. from what we saw yesterday, this will be an even stronger reputation of his view on those issues. getting out on the campaign trail at these paul ryan events, particularly when it comes to the issue of things like foreign aid and how this country deals with the resources when it comes to other places, we do not exactly see that relationship being reciprocal. it is something that has gotten a surprising amount of attention on the trail over the last few weeks. it could be an area where the mitt romney campaign is looking forward as they decided to hold this speech. host: one piece
's now the economy that has the e.u. facing one of its biggest crises yet. mounting debts, high unemployment, and austerity measures have triggered protests in some euro-zone nations. the economic woes have created deep rifts among countries using the joint currency, and raised questions about maintaining the euro and even their union. germany is the e.u.'s economic powerhouse. its chancellor, angela merkel, said the nobel peace prize shows the value of european unification. >> ( translated ): the euro is more than a currency because in the end it is foremost about the original idea, the idea of europe as a community of peace and values. >> suarez: but there were detractors, including those who said the e.u. hasn't dealt with an influx of immigrants. the director of amnesty international's branch that monitors the e.u. said he hopes the award would encourage the european union to be more open to refugees. >> suarez: the $1.2 million prize will be awarded in oslo on december 10. for a closer look at its successes and some of the ongoing challenges facing the e.u., i'm joined by a
economy will slow oil demand growth and more oil put into the economy. nevertheless, nymex is up because they talk about as well this morning spiking higher anyway. and we've seen brent surprisingly up near 116, 15.60, as well. so the iranian exports hitting a new low in september may just be helping that spike up. >> iea says supply risk whether iran, iraq, are still a fact of life in the oil market. nevertheless it does see opec spare capacity more than doubling in the next five years. >> there's a difference between that five year forecast and the short term. so we'll talk about the oil markets. also plenty more to come on today's show, as well. >> we'll find out why howard mark says gold is not an intelligent investment. we'll also hear from the chief exec tip of infosys. find out why the investors didn't like the latest results. >>> plus we'll catch up with the world trade organization. and later in the show, we let a democrat and republican fight it out on our air over who won last neat's vice presidential debate. but it's a subjective view. >> can we get that the testimony thinks
children. what i want to think about is a future that has jobs. >> the ad goes on to say the economy is important to women. >> a victory for the obama campaign on early voting in ohio. a federal appeals court in the buckeye state just reinstated early voting on the three final days before election day. the ruling means that people in the key battle ground state can continue to cast their ballots. depending on the decision of the local border of elections that is. the obama camp filed that lawsuit arguing that everyone should have a chance to vote on those days. >> and the early voting is now under way in florida. absentee ballots are in the mail. yesterday miami-dade county mailed out 170,000 ballots. officials say voting by mail has exploded. in fact more than half of voters cast their ballots by mail or during early voting in the last general election. >>> in today's strategy talk, september jobs report came out just in the nick of time for president obama after this week's tough debate performance. but the honeymoon only lasted five minutes before a tweet by former g.e. ceo jack w
's policies would hurt farmers. the governor talks about his five-point plan to fix the economy, something he says will help everyone from farmers to small businesses. >> i'll make sure our tax policies and our regulatory policies and healthcare, all these things come together to make it easier for small business to grow and thrive. america needs this new direction. we can't go on the path we've been on. we must restore america's strength and i will do it with your help. >> the obama campaign leveling a new attack at governor romney today over his plans to cut spending, specifically cut funding for pbs that would affect big bird. they have a new ad about it on today. >> bernie madoff, gut tons of greed and the evil genius to towered over him. one man has the guts to speak his name. >> big bird, big bird, big bird. >> it's me big bird. >> big yellow, a men as to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> reporter: the republican national committee coming out with its own response, this graphic advertisement that quotes the count from ses
get this balanced budget. we must get this debt under control. this debt not only hurts our economy today with the threat of higher interest rates and a losing a dollar and much higher tax rates. we know that we are giving the students here at this academy, our children and grandchildren, a lower standard of living. we've never done that in this country before. host: vice-presidential candidate paul ryan in new hampshire at a recent event. here's what you might hear from the vice-president joe biden at tonight's debate. this is from a recent campaign stop in florida. [video clip] >> there is no quit in america, folks. ladies and gentlemen, that's why i know i'm not the only one who was offended to hear governor romney write off nearly half the country is in his statement about 47% of the people being dependent. if you read the book congressman ryan has written with two other leading young members of the republican party, they talk about -- the title of the book is "young guns," and they talk about this culture of dependency in america without acknowledging that all those people -- o
to "washington journal." as campaign 2012 hits its final month, the presidential candidates are using the economy to frame their vision for the future and what they would do for the american dream. we saw a jobs numbers that showed an unproven unemployment rate. we would like to hear your opinions. has the american dream been downsized? you can also share your opinion on social media. send us a tweet by writing @cspanwj. you can also join the conversation on facebook. or you can e-mail us. the front page of "the washington post"looks out with the call life of a salesman. he always finds to -- he always seems to find optimism in the worst of circumstances. here is another chance. the story profiles this man building and installing pools. how he had to downsize his business, cut employees, and work even harder to find jobs. let's take a look at the content. it says -- what do you think? has the picture of the american dream changed? national journal took a look it how americans are perceiving the economic situation right now, not just on a national level but on the personal lives, too. in a heartla
very is the truth, but that is neither here nor there. >> on jobs, when the economy -- president said the economy created 5 million jobs, is that true? >> i do not know. these numbers are so squishy, it is not 100% clear to me who is right about jobs. when i know is what they were saying on friday morning when they released those numbers. for the first time, more people who were out of the work force were getting jobs, and that is news. >> it is also import to keep in mind who has been hard hit by the economy. largely younger americans, african-americans, and hispanics. either those who would not vote or are supporting president obama. so i think you have got a pool of swing voters out there who are actually doing better by now in this economy than many people. >> let us talk about entitlement. >> if you are around 60 or older, you do not need to listen any further, but for younger people, we did talk about what changes are occurring. >> if you are 55, you may want to listen. this will affect you. >> this is the debate over congressman ryan's plan to turn medicare into a voucher progr
. but still poses a threat to the global economy. >>> analysts a at the world bank have cut their forecasts for growth in east asia. they say china's slowing economy will have a weakening effect across the region. the bank's latest report projects 7.2% growth this year across 14 countries. that's 0.4 percentage points lower than the forecast in may. the region includes china but not japan. the report says china's domestic demand is sluggish and says europe's credit crisis has hurt exports throughout the region. world bank analysts say growth in east asia will rise to 7.6% next year. they say china will pick up steam and demand will grow in southeast asia. they're also being cautious. they know continuing risks to east asian economies. >>> members of the nobel committee have honored two men who they say revolutionized our way of understanding how cells and organisms work. shinya yamanaka proved cells can be changed into immature stem cells which can then be used to form all the tissues of the body. >> the nobel society has today decided to award the nobel prize in physiology or medicine 2012
on here. >> let's look at a new mitt romney ad that is new on the jobs and economy. >> look at the evidence of the last four years. we have 23 million people out of work or who have stopped look for work. they are suffering. the president would prefer to raise taxes. the problem with raising taxes, it slows down the rate of growth. i'm not going to raise the taxes on anyone because when the economy is going slow, we are in recession, you shouldn't raise taxes on anyone. my idea is to bring down tacks to get more people working. my priority is putting people back to work in america. >> kim, is that an improvement over the other romney adds we've seen earlier? >> you beach cha. this is how it ties in taxes and jobs and the economy. that was the message that resonated when he was up there on stage with the president and the more he can spread it around the country, the better he does. >> that seems to me to be the winning strategy. particularly if you can put more explanations around the specific policies this will increase jobs. when we come back, the presidential race is tigh
will that be enough to reignite pc sales, right now they're significant a tough economy, the tablet wars and sales in emerging countries are some things weighing on the pc company. >> and that, you see, nicole, windows 8 will make all the difference in the world in the pc market and i'm telling you. >> yeah, i've got muscle, i've got microsoft muscle. i hope for you, stuart. stuart: thank you. dow jones industrials opening with a rally back above 13,400. 57 this morning. to the jobless numbers we brought. the number looks good on surface, 339,000 new claims, down 30,000, a big drop. you have to look deeper, the labor department says one large state didn't report their numbers. that really changes things. this number certainly can't be compared to any previous numbers because that one big state, unnamed, is missing. we'll likely get the real number about a week from today, maybe, when this number may be revised, but why would you put out an incomplete report? i ask you. the newest poll from michigan shows mitt romney tightening the race there. president obama still leads by 6 points, 50-44. michiga
's still the economy. campaigning in virginia coal country, mitt romney tried to dig through the latest jobs numbers. to make the case, he has not hit just yet. >> fewer new jobs created this month than last month and the unemployment rate, as you know to this year, has come down very slowly. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> still, one of romney's key metrics on the president's handling of the economy went up in smoke when the nation's unemployment rate dipped below 8%. >> 88% unemployment for over, what 43 months. >> we still have unemployment above 8%. >> he told us to get us back to work and hold unemployment for 8%. >> month after month, after month. >> it's a political bar rising. proposing statement at the first presidential debate. >> we've had 43 straight months with unemployment above 8%. if i'm president, i will help create 12 million new jobs in this country with rising incomes. >> reporter: but romney notes the president has fallen short of estimates set by the own economic advis
the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing in excess, he tells the president of the united states if we default on this, on our obligations and our ious, we will trigger a depression worse than the 1930s. anybody here remember the 19 1930s depression? you probably don't. i don't. i was not born, but i've read about it. it was a calamity for the world. tim geithner said to the president what, if we default on this, if we do not solve this problem, we will have an economic catastrophe that will make the 2008 financial crisis a footnote in the history books. anyone remember the 2008 financial crisis? that's coming not from some columnist or journalist, that is coming from well-informed secretary of the treasury. you think about this, there is a value in running scared. if you think about after 9/11, the terrorist attacks, one thing the country did collectively is they set up tsa, the screening at airports. there are all kinds of work, very significant work done to
will surround the economy? let's talk. we have mike holland, david goldman and michael farr. michael, i don't care about third-quarter earnings. that is so yesterday's news. i can't stand it. that is just so yesterday's news. it's boring. it's nothing. maybe the guidance has something to say. but the economy is not in bad shape. the economy is not in bad recessionary shape and a political revolution is coming and i want to get your take. after you get through taking profits, michael, what happens next? do you buy them back? >> i think you do a little bit, larry. i think there's certainly time to take some off the table. i'm glad we don't have to pay attention to third-quarter earnings. i've been sweating that. but 2% gdp growth after you get to an almost 10% deficit spend of $3 trillion out of deficit stimulus, it's not robust growth. what happens in this election is important. clearly people have to get out and vote. what's going to happen on this groundwork and infrastructure of our economy over the next four years is going to be crucial for future generations. >>. no, it's not about infr
Search Results 0 to 49 of about 566 (some duplicates have been removed)